New IRS guidance provides additional relief and flexibility to Opportunity Zone investors, by RLG attorney Dan Gauthier and law clerk Peter Furlow

     Print       Email   By Rose Law Group Attorney Dan Gauthier and Rose Law Group Law Clerk Peter Furlow The opportunity zone program was enacted by Congress as part of the Tax Cuts and Jobs Act in 2017. It was designed to incentivize investment and drive economic growth in qualifying distressed communities. Congress encouraged investors by offering substantial tax benefits, such as deferral and stepped-up …

EXCLUSIVE: Forgivable PPP loans in your accounting — guidance from AICPA, by RLG attorney Omar Abdallah

By Omar Abdallah | Attorney at Rose Law Group You’ve received a forgivable loan under the Small Business Administration Paycheck Protection Program (PPP). How do you now recognize these funds in your accounting? Even though PPP loans are technically debt, many would say that the loan is essentially a government grant. Fortunately, the American Institute of Certified Public Accountants (AICPA) just issued guidance …

Mark Grado, GM of Rawhide Western Town and Events Center and the Wild Horse Pass Motorsports, issues statement of appreciation for HealthyVerify

(Disclosure: RLG represents HealthyVerify Certification.) By Mark Grado – GM of Rawhide Western Town and Events Center and the Wild Horse Pass Motorsports Rawhide Western Town and Events Center and the Wild Horse Pass Motorsports undertook an extensive and in fact, weeks long approach of analyzing our facilities and layouts and how each of the business models would need to …

RLG Partner, Equine Law Director, lifelong horse enthusiast Adam Trenk on his new company, Genuine Billy Cook Harness & Saddle. [PODCAST]

Having ridden horses in Billy Cook saddles his entire life, Adam Trenk is a HUGE fan of the historic brand — so much so, he bought the company! In a fascinating conversation with Let Freedom Rein, an equine-focused self-improvement podcast, Adam discusses his recent acquisition, Billy Cook history, and what he has planned for the brand. YAH! Listen to the episode HERE!

O-Zone funds work to regain mo; still ‘attractive option,’ says Dan Gauthier, RLG transactional attorney handling many Opportunity Zone investments

By Beth Mattson-Teig | National Real Estate Investor COVID-19 has created a new headwind for developers and sponsors raising capital for opportunity zone (OZ) investments. The 2017 tax reform legislation that created OZs unleashed a frenzy of new funds and groups chasing what was projected to be billions of dollars in fresh investment capital aimed at revitalizing economically distressed communities. …

How COVID can affect your contract, feat. RLG attorneys Dan Gauthier and Olen Lenets

Arizona Commerce Authority Catch Rose Law Group attorneys Dan Gauthier and Olen Lenets on Arizona Commerce Authority’s “Small Business Bootcamp” webinar tomorrow at 9am as they talk force majeure and other contractual matters that have come to the legal forefront during the pandemic crisis. This session will help you identify stipulations in your contract that would qualify COVID-19 as a force majeure clause, potentially excusing binding performance obligations. …

Don’t miss Rose Law Group’s New Economy (Virtual) Power Lunch… Friday at noon!

Don’t Miss Rose Law Group’s New Economy (Virtual) Power Lunch…this Friday at noon! Are you ready for episode 12 of our weekly power lunch? Because we have something pretty cool in store. This past Friday forum participants voted overwhelmingly in favor of having RLG’s virtual power lunch continue throughout the summer! With that in mind — and as a small tribute …

Chandler tech firm expands iBuying model

Brian Bair – Founder and CEO of Offerpad (Disclosure: RLG represents Offerpad.) By Angela Gonzales | Phoenix Business Journal Chandler-based Offerpad is moving beyond direct purchasing and now can help seller’s list their homes publicly on the open market. Brian Bair, founder and CEO of Offerpad, said the iBuyer side of the business has been successful for Offerpad. Read the …